Govt May Enforce Anti-Dumping Duty On Radial Tyres From Thailand
Published On 2019-12-06 16:21:05 125 views
The authority has prima facie found that there is enough evidence of dumping of tyres from Thailand
Ministry of Commerce has launched an investigation into imports of radial tyres from Thailand. It may impose anti-dumping duty on the product to discourage below-cost shipments.
The Automotive Tyre Manufacturer Association (ATMA) has filed an application before the directorate on behalf of the domestic tyre industry alleging dumping of radial tyres from Thailand.
According to a notification of the Directorate general of Trade Remedies (DGTR), the association has requested for imposition of anti-dumping duties on the imports. It has also initiated anti-dumping probe on imports of “new pneumatic tyres of rubber for buses and lorries, with or without tubes” originating from Thailand.
It said that the authority has prima facie found that there is enough evidence of dumping of tyres from Thailand. “The Authority therefore initiates an investigation to determine the existence, degree and effect of alleged dumping, and consequent injury to the domestic industry,” it said.
If established that dumping has caused material injury to domestic industry, the directorate would recommend the amount of anti-dumping duty. The period of investigation is April 2018-June 2019 (15 months). It would also look at the data of 2015-18.